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Real Living Pacific Realty
(800)660-9140

1431 S Woods, East Los Angeles CA, 90022

(Pending)
$1,500,000
|
8,230 sqft
|
MLS# SR13202035
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Listing Provided Courtesy Of: Buena Vista Real Estate Group
Last Updated: 10/22/2014 9:49 AM
Description for 1431 S Woods East Los Angeles, CA 90022
$100,000 Reduction!!! INVESTMENT OPPORTUNITY - NO RENT CONTROL. Back on the Market - SELLERS ARE VERY MOTIVATED! Well maintained 14-unit apartment building in East Los Angeles. Great location in a strong rental market. Structure 8,230 Sq. ft., two-story building consisting of 14 Beds 14 baths (per public records), three units have an extra small room. Basement, and two storage rooms converted without permits (extra income) not included in the gross income. Each unit is individually metered for gas and electric. Seller recently updated main sewer pipe and electrical systems. Three or four units may be singles; one unit has two bedrooms (per seller), bathtubs from five units were removed. Parking on the Street, no garages, Buyer to fully investigate and verify all information with the City. Accessible to 5 & 710 freeways, Atlantic Blvd and Telegraph Rd. Take advantage of historically low interest rates and benefit from positive cash flow. Download supplemental "1431 Woods - Executive Summary" for additional rent roll information.
Price
$1,500,000
Los Angeles
8,230 (approx)
SR13202035
Pending
Description
$100,000 Reduction!!! INVESTMENT OPPORTUNITY - NO RENT CONTROL. Back on the Market - SELLERS ARE VERY MOTIVATED! Well maintained 14-unit apartment building in East Los Angeles. Great location in a strong rental market. Structure 8,230 Sq. ft., two-story building consisting of 14 Beds 14 baths (per public records), three units have an extra small room. Basement, and two storage rooms converted without permits (extra income) not included in the gross income. Each unit is individually metered for gas and electric. Seller recently updated main sewer pipe and electrical systems. Three or four units may be singles; one unit has two bedrooms (per seller), bathtubs from five units were removed. Parking on the Street, no garages, Buyer to fully investigate and verify all information with the City. Accessible to 5 & 710 freeways, Atlantic Blvd and Telegraph Rd. Take advantage of historically low interest rates and benefit from positive cash flow. Download supplemental "1431 Woods - Executive Summary" for additional rent roll information.
Listing Information
Property Type: Cluster
0.15 Acres 8,230 (approx) $182.26
1929 2 Frame
Sewer at Street
14 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
Garbage Disposal, None
Part Copper Plumbing
No Fireplace
Alarm -Smoke/Fire,
Exterior / Lot Features
Frame
Barrel
None
No Pool
Sidewalks
Financial Considerations
5245024013
$147,000 Income ,$40,624Expense
Listing Price History

East Los Angeles Real Estate

East Los Angeles is located in California. East Los Angeles, California 90022 has a population of  126,751.

The median household income in East Los Angeles, California 90022 is $36,755. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in East Los Angeles 90022 is 29 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Buena Vista Real Estate Group Julio Pilco
Based on information from California Regional Multiple Listing Service, Inc. as of today. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Information is deemed reliable but is not guaranteed.

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505441 - Real Living Pacific Realty
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